For all sales which take place on or after 1st November 2017, please note that the buyer’s premium rate for each lot has been revised and shall be calculated as follows:
25% of the hammer price up to and including HKD2,400,000; 20% of the hammer price on any amount in excess of HKD2,400,000 up to and including HKD22,500,000; & 12.9% of the hammer price on any amount in excess of HKD22,500,000.
Sotheby’s is delighted to present a unique auction in partnership with Hong Kong Contemporary Art Foundation (HOCA). The auction will raise funds for HOCA’s future exhibitions, events and educational programmes and will feature 32 works generously donated by 29 international artists. Building on the growing global popularity of street art, there will be a selection of works varying in style and media, featuring established artists including Invader, Vhils, Shepard Fairey and José Parlá.
HOCA’s goal is to bring art to Hong Kong beyond the confines of a gallery, by curating contemporary art exhibitions and events across the city. A portion of the proceeds of this sale will go towards the funding of the foundation's two upcoming exhibitions, as well as its ongoing programme of film screenings, lectures and public art events.